Walt Disney (NYSE: DIS) caught the investing world off-guard over the weekend, with Bob Chapek out as CEO, and the legend he replaced, Bob Iger, back in charge. In this video, Motley Fool contributor Jason Hall breaks things down, makes the case for Disney as a winning investment, and explains why investors should reset their expectations going forward. The reality is, Iger has a harder job in front of him than the last time he was CEO.
*Stock prices used were the morning prices of Nov. 21, 2022. The video was published on Nov. 21, 2022.
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Jason Hall has positions in Walt Disney. The Motley Fool has positions in and recommends Apple and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney, long March 2023 $120 calls on Apple, short January 2024 $155 calls on Walt Disney, and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
